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With students experiencing record levels of anxiety and depresssion, especially as related to their personal finances, adequately preparing students for the future means including personal finance education. That's why during December’s #EVERFIedchat on financial planning and holiday spending, we discussed the importance of financial preparation.
High school students of today are preparing for their first big, milestone purchases. Our students will begin a credit trail that will follow them through personal loans, insurance policies, and mortgages; forever affecting their interest rates, ability to be approved for financing, and even employability. That’s why now — before the milestones — is the time to show our students that financial literacy is so much more than knowing how to write a check. Teaching the ABC’s of credit now will help our students succeed in responsible financial management tomorrow.